Teams must have at least one member who is a University of Pennsylvania graduate or undergraduate student. Teams must have received less than $25,000 in funding and less than $100,000 in gross revenue.

Important Dates

The Phase I (registration) deadline is November 11, 2011. Phase II business overviews are due on January 27, 2012. Phase III business plans are due on March 16, 2012. The finals of the business plan competition will take place at a date to be announced.

Competition Prizes

Grand Prize: $30,000 cash, $15,000 in accounting and legal services

2nd place: $15,000 cash, $15,000 in accounting and legal services

3rd place: $10,000 cash, $15,000 in accounting and legal services

People's Choice Award: $3,000

Best undergraduate business plan: $10,000

Other Info

The WBPC is a comprehensive, 7-month platform to help entrepreneurs and their teams launch their new business ideas. The WBPC is structured in four stages to help teams develop their plans in both a collaborative and competitive environment.